Connect with us

News

The Boring Company event sneak peak: venue, tunneling machine, completed watchtower

(Photo: Tom Cross/Teslarati)

Published

on

After months of operating underground, The Boring Company is coming to the surface with the unveiling event of its test tunnel in Hawthorne, CA. The Boring Company is set to livestream Tuesday’s opening party, as Elon Musk presents what could very well be the first step towards a future connected with ultra-high-speed tunnels.

The Boring Company’s tunnel unveiling event is poised to feature a lot of fun,  lighthearted activities, as represented by the multi-story medieval watchtower constructed on the opening party’s venue. The idea of the watchtower came from one of Elon Musk’s playful Twitter sessions, where he announced that the tunneling startup would be building a watchtower on the Los Angeles site, where a person dressed as a knight would be tasked to “yell insults at people in a French accent” to passers-by — a reference to one of the most memorable scenes in the classic comedy film Monty Python and the Holy Grail.

The Boring Company’s completed watchtower. (Photo: Pauline Acalin/Teslarati)

The watchtower was constructed in a quick and clever manner, with the Boring Co. utilizing a metal framework overlaid with pre-made sections of Boring Bricks. Teslarati photographer Pauline Acalin has followed the tower’s construction over the past couple of weeks, and returning to the site on Monday, she was able to capture images of a fully-constructed watchtower, complete with wooden window shutters and more refined brickwork.

Driving by the site on Monday night, Pauline and fellow Teslarati photographer Tom Cross were able to capture more images of the opening party’s venue. Pictures and video taken of the site reveal that The Boring Company is already setting up the lights and the sound system for the event.  Some details of Elon Musk’s completed Monty Python-style watchtower, such as torches on both sides of the structure’s wooden doors, could also be seen. Furthermore, The Boring Company appears to have laid some accent lighting on a tunnel boring machine currently under construction, which is set to be utilized for its high-profile Chicago tunneling project.

Advertisement

The venue for The Boring Company’s opening event on Tuesday, December 18, 2018. (Photo: Tom Cross/Teslarati)

The Boring Company’s test tunnel unveiling event on Tuesday stands as a milestone for the young startup. Elon Musk, for one, noted in a tweet earlier this month that the December 18 product launch will be “more than a tunnel opening.” Seemingly teasing some progress on a garage-elevator concept that the company is building near the SpaceX headquarters, Musk also stated that the event would “include modded but fully road legal autonomous transport cars & ground to tunnel car elevators.” Free test rides would be offered to the public after the tunnel unveiling event as well.

While The Boring Company is considered more as one of Elon Musk’s more fun hobbies, the startup has been extending its reach nonetheless. The company, for one, beat out more experienced rivals when it was selected to construct a high-speed transport line that would connect downtown Chicago to O’Hare airport. Recent permits from Hawthorne also reveal that The Boring Company is opening The Brick Store, a physical location that will sell Boring Bricks, which could be used for fun projects or low-cost construction and are made from tunneling rock.

Be sure to follow along on Twitter as we take you behind the scenes at The Company unveiling. For now, enjoy this 6-minute footage from Tom and Pauline as they scouted the site of tonight’s opening party.

https://twitter.com/_TomCross_/status/1074869183454691329

Advertisement

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

Elon Musk

SpaceX Starship just nailed something it’s never done before

SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.

Published

on

By

Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.

Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.


Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”

Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.

Advertisement

— TESLARATI (@Teslarati) July 25, 2026

The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.

SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.

Advertisement
Continue Reading

News

Tesla’s Supercharger Diner probably just secured more locations

Published

on

tesla diner
Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.

The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.

Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:

On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.

Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.

Tesla makes major change at Supercharger Diner amid epic demand

Advertisement

Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.

Continue Reading

Investor's Corner

Tesla short sellers win big after shares fall after earnings

Published

on

A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

Advertisement

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

Advertisement

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

Continue Reading